Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting
Centage
OCTOBER 3, 2022
The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. The multi-dimensional model could also be challenging to envision, which may lead to errors and oversights. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel.
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